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AVAX One Technology Announces Strategic Plan to Develop 10MW AI/HPC Microgrid Data Center in Alberta

AVAX One Technology Announces Strategic Plan to Develop 10MW AI/HPC Microgrid Data Center in Alberta

CointimeCointime2026/04/07 13:15
By:Cointime

On April 7, AVAX One Technology announced the advancement of its AI infrastructure strategy, planning to build a 10MW AI/HPC microgrid data center in Alberta, Canada. The company has signed a Front-End Engineering Design (FEED) agreement, positioning the project as one of the first dedicated AI computing facilities in the region. The project leverages low-cost energy advantages (approximately $0.04/kWh) and combines a microgrid model to provide low-cost, highly scalable AI computing power to meet the growing demand for high-performance computing and artificial intelligence. Additionally, the company announced the purchase of 220 Bitcoin mining machines (Bitmain S21 Pro) to enhance computing power scale, serving as a transitional cash flow source before the AI data center becomes operational, achieving a dual-track strategy of 'mining + AI computing'.

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